December 16th, 2010 by Arjan Olsder Posted in Companies & M&A | No Comments »
eBay announced the acquisition of Critical Path Software, the mobile developer that was responsible for creating eBay’s apps and those of eBay subsidiaries.
With the acquisition, the headcount of eBay doubles but the terms have not been disclosed yet. Mobile is an important part of eBay’s online business as usage of mobile clients increases year-on-year.
“We’re very serious about innovating in mobile commerce, and this acquisition underscores our commitment to bringing the very best and brightest in the field to eBay,” said Mark Carges, chief technology officer and senior vice president, global products, eBay Marketplaces. “Integrating the Critical Path Software team into eBay will be a big win for mobile shoppers around the world; combined with the talent on our team today, we can make shopping and selling anywhere, anytime, for almost anything, even better.”
